Postville State Bank in Postville, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 31, 2006

  • Postville State Bank in Postville, Iowa (IA)
  • Show street view No street view available for this location

Postville State Bank - Overview

  • General
  • FDIC Certificate #: 213
    Status: Inactive
    Closing history: Merge BIF and SAIF Funds into DIF
    Acquiring institution: FreedomBank (#11767)
    Federal Reserve ID: 284743
    Date Established: October 25, 1872
    WWW: http://www.postvillestatebank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 168
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: April 14, 2006
    Last Data Update: April 14, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 135 West Tilden, Postville, IA 52162
    County: Allamakee
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Cedar Rapids
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Merger - Without Assistance
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $65.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2005)

  • Dollar figures in thousands
  • 11Total employees (full-time equivalent)
  • $65,917Total assets
  • $2,025Cash and due from depository institutions
  • $0Interest-bearing balances
  • $31,066Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $27,618Net loans & leases
  • $388Loan loss allowance
  • $0Trading account assets
  • $379Bank premises and fixed assets
  • $21Other real estate owned
  • $4,141Goodwill and other intangibles
  • $0Life insurance assets
  • $667All other assets
  • $65,917Total liabilities and capital
  • $57,173Total liabilities
  • $56,704Total deposits
  • $51,348Interest-bearing deposits
  • $56,704Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $469All other liabilities
  • $8,744Total equity capital
  • $8,744Total bank equity capital
  • $8,744Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $7,317Undivided profits
  • Memoranda
  • $1,327Noncurrent loans and leases
  • $2,167Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $143Earning assets
  • $0Long-term assets (5+ years)
  • $542Average Assets, year-to-date
  • $58,684Average Assets, quarterly
  • $8,048Volatile liabilities
  • $64,848Insider loans
  • $67,076FHLB advances
  • $3,494Loans and leases held for sale
  • $272Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,167Total unused commitments
  • $0Restructured Loans and leases
  • $340Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $2,418Total interest income
  • $1,137Total interest expense
  • $1,281Net interest income
  • $0Provision for loan and lease losses
  • $57Total noninterest income
  • $0Fiduciary activities
  • $22Service charges on deposit accounts
  • $0Trading account gains & fees
  • $35Additional noninterest income
  • $968Total noninterest expense
  • $384Salaries and employee benefits
  • $63Premises and equipment expense
  • $521Additional noninterest expense
  • $370Pre-tax net operating income
  • $0Securities gains (losses)
  • $129Applicable income taxes
  • $241Income before extraordinary items
  • $0Extraordinary gains - net
  • $241Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$3Sale, conversion, retirement of capital stock, net
  • $2,678Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.07%Yield on earning assets
  • 1.92%Cost of funding earning assets
  • 2.16%Net interest margin
  • 0.10%Noninterest income to earning assets
  • 1.63%Noninterest expense to earning assets
  • 0.37%Net operating income to assets
  • 0.37%Return on assets (ROA)
  • 0.57%Pretax return on assets
  • 2.87%Return on equity (ROE)
  • -29.01%Retained earnings to average equity (YTD only)
  • -0.01%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 70,404Assets per employee
  • 5.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 1111.20%Loss allowance to loans
  • 1.39%Loss allowance to noncurrent loans
  • 271.33%Noncurrent assets plus other real estate owned to assets
  • 0.25%Noncurrent loans to loans
  • 0.51%Net loans and leases to deposits
  • 48.71%Net loans and leases to core deposits
  • 51.90%Equity capital to assets
  • 13.27%Core capital (leverage) ratio
  • 9.50%Tier 1 risk-based capital ratio
  • 18.41%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $64,848Average earning assets
  • $8,399Average equity
  • $59,373Average loans

Total Fiduciary and Related Assets (December 31, 2005)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $709Managed Assets
  • 1Number of Accounts
  • $408Personal trust and agency accounts
  • $408Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 44Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $301Other retirement accounts
  • $301Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Postville State Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents